AI is making waves in many industries, and real estate is no exception. RBC has just acquired an AI-enhanced proptech platform. ojolabs | realestate realestatenews proptech Canada
With software like ChatGPT garnering global attention, it should come as no surprise that theOn Tuesday, the Canadian financial services company announced the acquisition of real estate proptech platformfor an undisclosed amount. Bolstered by AI, OJO Canada guides consumers through the home-buying experience with customized home search tools, on-demand support services, and access to industry experts.
“Canadians have aspirations to fulfill their home ownership ambitions, yet they are up against an incredibly challenging housing market. Now more than ever, consumers need a trusted ally to guide them through the home buying and selling journey,” said Karen Starns, CEO of OJO Canada in aIn 2018, RBC’s venture arm, RBCx, formed a partnership with
to develop and test real estate product innovations for the Greater Toronto Area. This led to the launch of OJO Canada in 2021, which has since reached millions of home buyers, according to RBC.
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